Capesize Sentiment gathered momentum during the week and rates for the main C5 route improved over $1 to currently stand at almost $6.40, with market talk of fixtures, perhaps around $6.50 level, not yet substantiated. Whilst there has been a lack of t…
Dry Bulk: Capesize Market Gathers Momentum Read More »
When shipping analysts were looking into 2018 with a glooming optimism regardin the dry bulk market’s recovery prospects, on the back of a solid 2017 and positive fundamentals, they couldn’t have foreseen, that the improbable factor which c…
Dry Bulk Recovery Potentially on Hold on Trade War Fears Read More »
Capesize The perfect storm for the big ships: with holidays, force majeure in two ore exporting ports and bad weather undermining the market. A lack of significant activity from Brazil left the market one-sided, with owners/operators reluctant to balla…
Capesize Market In “Perfect Storm” Read More »
The Panamax index remains corrective with the 8 – 21 period EMA’s showing a bearish cross but remaining above the 55 period MA. Technically the Index is starting to look oversold with the short period RSI on the weekly now at 7. However, a lower low on…
Dry Bulk FFA: Panamax Index In Correction Mode Read More »
Over the last decade, the global bulkcarrier fleet has expanded rapidly, more than doubling between the start of 2008 and March 2018 to total 822.5m dwt. China has played an important role, with the Chinese owned bulkcarrier fleet accounting for nearly…
Sizing Up China’s Bulkcarrier Fleet Read More »